All organizations that successfully register for GST are given a special GST-IN, or Goods and Services Tax Identification Number.

If a business operates from more than one state, then a separate GST registration is required for each state. For instance, If a sweet vendor sells in Karnataka and Tamil Nadu, he has to apply for separate GST registration in Karnataka and TN respectively. A business with multiple business verticals in a state may obtain a separate registration for each business vertical.

As the name itself says Maximum Retail Price (MRP) is the maximum price the seller can charge from the buyer. MRP is inclusive of all taxes including GST. It must be noted that retailers cannot charge GST over and above the MRP. GST is already included in the MRP printed on the product.

There will be only one registration per State for all activities. But, you have the option to be registered as a separate business vertical.

Not liable to tax means supplies which is not leviable to tax under the CGST/SGST/IGST Act. Please refer to definition under Section 2(78) of the CGST Act.

The legal name is a name that is registered at the time of incorporation of a company or business. The legal name is generally the name of the company on the PAN. On the other hand, the trade name is the name that is used in normal business practices or common parlance.

No matter if they exceed the Rs 20 lakh barrier for GST registration, everybody conducting interstate supplies is required to register under section 24 of the CGST Act. A seller must be GST-registered if a buyer who is not registered wants to make an interstate purchase.

In India, there are three different types of GST: Integrated Goods and Services Tax (IGST), State Goods and Services Tax (SGST), and Central Goods and Services Tax (CGST) (IGST).

A company or business's legal name is the name that is registered at the moment of incorporation. Typically, the firm name listed on the PAN corresponds to the legal name. The trade name, on the other hand, is the term that is employed in customary business procedures or everyday speech.

According to a top source today, gasoline and diesel will not be subject to the Goods and Services Tax (GST) in the near future because neither the federal government nor any of the states are in favour due to concerns about significant income loss.